Fortunafi’s TAP App Is Now LIVE on Arbitrum!

We’re beyond excited to announce that Fortunafi’s Tokenized Asset Protocol (TAP) app is officially live on Arbitrum!

Just a few months after launching the Tokenized Asset Protocol (TAP) app, we’ve amassed as much as ~$13M in total value locked (TVL) on the Canto blockchain! Given TAP’s success and where we see the world of DeFi growing and evolving, we’re pleased to announce today that the TAP app has expanded to the Arbitrum blockchain. This marks a significant step forward in our mission of bringing Real World Assets (RWA) to the blockchain and unlocking new markets and opportunities for market participants around the world.

What does this mean? Prospective users who have successfully completed and passed Know Your Customer (KYC) compliance procedures are all set to use the app on Arbitrum. Currently, whitelisted wallets are eligible to purchase tokenized U.S. treasury bills and will soon be able to access other tokenized assets.

👉️ Click Here To Access The TAP App!  👈️ 

How to Complete KYC Verification

1. Visit our web portal here

2. If you're new, connect your wallet and sign up for a Quadrata Web3 Passport; if you already have one, connect your wallet and finalize any additional requirements

3. Follow the prompts to complete the KYC process

4. If you encounter any issues, please email a reference ID to [email protected] and [email protected].

You will receive an email confirmation once you’ve completed your KYC verification. This email will notify you of the outcome of your KYC process and next steps.

• If You Pass KYC: Congratulations! You will receive a subsequent email requiring you to complete subscription documentation. This is the final step before your wallet is whitelisted, granting you full access to the TAP app.

• If You Do Not Pass KYC: We will provide guidance on any further actions you may need to take.

Additional Details

What’s In It? 🤔
Underlying investments may include (i) direct purchases of U.S. Treasury Bills that have a remaining maturity under 12 months or (ii) investments in ETFs that invest in short-term U.S. Treasury Bills, including BIL, SGOV, and SHV.

U.S. & Non-U.S. Support 🌐
Depending on where users are domiciled and KYC’d, our smart contract code will issue a token to U.S. investors known as $fBILL. Non-U.S. users will mint an equivalent version of the fBILL token, ifBILL.

Mint & Redeem 🛠️
Users can request to mint and/or redeem 24/7, and orders will be processed during U.S. market hours. Our offering means that market participants no longer need to wait several business days to manage their exposure to U.S. t-bills. Furthermore, crypto natives can now access yields that far exceed the lending rate offered on some of the most popular DeFi protocols, such as Aave and Compound, for less risk. Both fBILL and ifBILL can be minted with USDC.

Supported Networks 👨‍💻
fBILL and ifBILL is available on Arbitrum and Canto, permissionless general-purpose blockchains running the Ethereum Virtual Machine (EVM). We plan to expand our offering to many of the largest Layer-1 and Layer-2 blockchains in the coming months and quarters.

Get Started Today 👇️
https://app.fortunafi.com
Note: If you encounter any issues, please email a reference ID to [email protected] and [email protected].

Fortunafi's GitBook 👇️ 
https://bit.ly/fortunafi_gitbook 

Fortunafi on DeFiLlama 👇️ 
https://defillama.com/protocol/fortunafi 

All The Best,
Fortunafi

‎

Disclaimer: The information contained herein is general information, intended for educational purposes only, and is not intended to constitute legal, tax, accounting, or investment advice. Information, opinions, and views are solely of Fortunafi and none of the information contained should be used as the basis for investment decisions. To ensure suitability, contact a licensed investment professional when making any investment decisions and do your own research.m